China’s Record $119 Billion Trade Surplus: What a Trade Surplus Is — and Why the World Is Arguing A trade surplus is what a country earns when it sells the world more than it buys from it — and in its latest monthly data, China reported the largest monthly trade surplus ever recorded: $119.1 billion … Read more
China Economy Slowdown Explained: Why the World’s Factory Keeps Shrinking This morning, Beijing released one number — 49.8 — and economists around the world immediately understood what it meant. If you’re not one of them, that’s exactly what this guide is for. The number is China’s official manufacturing PMI for August, published today by the … Read more
Tariffs Explained: How They Came Back Even After a Court Said No In 2026, the US Supreme Court ruled that a set of tariffs were unlawful and had to stop. Yet within months, those tariffs were back — rebuilt in a new form that analysts say is even harder to challenge. To understand why this … Read more